I would place a TRAILING STOP if you are long this one…
Looks like naked short covering to me! Over 25,000 open interest on the 5$ Calls that expire Friday… Earnings out in a couple of weeks…
Better safe than sorry. This is a great stock to sell covered calls on though, the 5$ have touched .50 twice in the last couple of weeks after pulling back to .15 and .20
Happy Trading!
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